The surest way to limit the economy is to de-incentivize innovation, which is exactly what Joe Biden is attempting to double the capital gains tax will accomplish. What makes America so great are the incentives to innovate, and why it absorbs so much capital.
The last thing that we want is more government spending, and Joe Biden is trying to ensure that the government becomes a greater and greater part of the US economy.
#capitalgains #innovation #economy

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